A Study on the Current Situation of Illegal Investment Advisory Groups

This study aims to analyze the current situation of illegal investment advisory groups and explore countermeasures. Recently, the use of AI technology in illegal investment solicitation has been spreading through platforms like social media, YouTube, and Telegram, causing significant harm to financial markets and investors. These illegal activities often involve providing false information, promising exaggerated returns, and offering unregistered advisory services targeting unlisted stocks and virtual assets. Through literature review and case analysis, this study examines the structure and characteristics of illegal investment advisory groups and compares domestic and international regulatory and response measures. The findings aim to propose effective policies to curb illegal activities in financial markets and enhance investor protection.